$330,000
SOLD OCT 30, 2015

3125 E Grovers Ave Phoenix, AZ 85032

-- Bed
-- Bath
1,452 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

18% Below List Price

84 Days on Market

Highlights

  • Evaporated cooling system
  • Paradise Valley High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of June 2025

The sale is for two (2) Parcels - see also MLS 5315681/5315683. There are Five (5)DWELLINGs! ALL RENTED except Subject (Owner Occupied) and a One (1) BD HOME in the rear. EACH have Separate YARDS. All APPEAR to be SOLID STRUCTUREs. There is a LARGE WORKSHOP in the REAR. 3 Tenants: 5 and 11yrs! One New RECENT RENTER. One Vacant and One Owner Occupied. GREAT CAP when 100% Rentals! ALL TENANTs WISH TO STAY!!! 5 Septic Tanks. AWESOME and RARE OPPORTUNITY in NORTH PHOENIX near PVCC (Good Source for Tenants) and 51 etc! SOLD AS IS ONLY! CASH or CONV ONLY. CAP RATE adds APX RENT for Vacant UNIT and OWNER OCCUPIED UNIT!!! INTERIOR VISITS with ACCEPTED CONTRACT ONLY. See ALL the PHOTOs!!! Vacant unit needs cooler and carpet. PLS Allow 30day escrow or greater.

Last Agent to Sell the Property

BOOTs! Brian Bouterie

Realty Executives Arizona Territory License #SA042437000 Listed on: 08/01/2015

Realty Executives Arizona Territory

Last Buyer's Agent

Brian Bouterie

AZ Brokerage Holdings, LLC License #SA042437000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1975

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Schools

  • Campo Bello Elementary School
  • Vista Verde Middle School
  • Paradise Valley High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 148
  • Assessor Parcel Number 214-03-148-A

Community Details

Overview

  • 6 Buildings
  • 5 Units
  • Building Dimensions are 36710
  • Campo Bello Subdivision

Building Details

  • Operating Expense $11,107
  • Gross Income $43,149
  • Net Operating Income $34,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,387

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: GROVERs & 32ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 6
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2014
  • Directions: UNION HILLS to 32ST S to GROVERs W to PROPERTY
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: CAMPO BELLO
  • Garage Yn: Yes
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Other, See Remarks, Window/Wall Unit, Heat Pump
  • Heating: Other, See Remarks, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Water Sewer Expense: 2345.0

Schools

  • Elementary School: Campo Bello Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Vista Verde Middle School

Lot Info

  • Lot Size: 36710
  • Additional Parcels: Yes
  • Parcel #: 214-03-148-A

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 5
  • Electric Expense: 350.0
  • Annual Gross Income: 43149.0
  • Insurance Expense: 1700.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 34313.0
  • Annual Operating Expense: 11107.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2387.0
  • Tax Book Number: 214.00
  • Tax Lot: 148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
May 21, 2025
Sold by
Bjn Family Limited Partnership
Bought by
Mcfarland Connor
Seller's Agent
Jacquelyn Buczko
Realty ONE Group
Buyer's Agent
Jacquelyn Buczko
Realty ONE Group
List Price
$395,000
Sold Price
$395,000
Views
49
Current Estimated Value
$393,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,337
Avg. Annual Appreciation
-1.35%
Original Mortgage
$355,500
Outstanding Balance
$354,896
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$38,767

Purchase Details

Listed on
Aug 1, 2015
Closed on
Oct 28, 2015
Sold by
Murphy Verna B
Bought by
The Bjn Family Limited Partnership
Seller's Agent
BOOTs! Brian Bouterie
Realty Executives Arizona Territory
Buyer's Agent
BOOTs! Brian Bouterie
Realty Executives Arizona Territory
List Price
$400,000
Sold Price
$330,000
Premium/Discount to List
-$70,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%

Purchase Details

Closed on
Sep 4, 1995
Sold by
Austin Lori A
Bought by
Austin Lori A and Austin Gary J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 Roc Title Agency
Cash Sale Deed $330,000 Wfg National Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,500 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $395,000 0.0% $297 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $395,000 0.0% $297 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $395,000 +19.7% $297 / Sq Ft
10/30/2015 10/30/15 Sold $330,000 -17.5% $227 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $400,000 -- $275 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,051 $10,560 -- --
2024 $1,029 $10,057 -- --
2023 $1,029 $23,470 $4,690 $18,780
2022 $1,019 $16,420 $3,280 $13,140
2021 $1,022 $14,720 $2,940 $11,780
2020 $990 $13,350 $2,670 $10,680
2019 $992 $12,500 $2,500 $10,000
2018 $959 $10,750 $2,150 $8,600
2017 $919 $9,530 $1,900 $7,630
2016 $781 $9,120 $1,820 $7,300
2015 $725 $7,650 $1,530 $6,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5315683

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-03-148B